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31-Aug-2012 10:33 AM

Passenger traffic up 3% in Jul-2012, cargo traffic down 3%: IATA

IATA reports (30-Aug-2012) the following traffic growth in Jul-2012:

IATA: "The slowdown in international air travel in the past 3-4 months has closely followed the decline in business confidence, but there is considerable regional variation. Recent falls of business confidence in a number of major economies suggests that growth in air travel and freight is likely to slow further in the next few months." Source: Company statement, 30-Aug-2012.

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